Magi Buying Guide 2022: How to Buy XMG with PayPal & Credit Card

If you wonder how and where to buy Magi (XMG) in 2022, this step-by-step guide is for you. We will explain in detail how to buy Magi instantly with Debit Card, Credit Card and PayPal.

In this article, we will reveal some important facts about Magi and where to buy Magi if you are willing to invest in cryptocurrency.

How to buy Magi (XMG) with Credit Card or Debit Card?

Usually, you’re required to buy Bitcoin (BTC) first, and then exchange the Bitcoin for Magi on a crypto exchange platform. These are a summary of the steps involved to buy Magi cryptocurrency:

buy Magi XMG with credit card or debit card
  • 1. Create Account on Crypto Wallet:

The process begins with creating your cryptocurrency wallet online. Choose a reliable crypto wallet that accepts Bitcoin purchases in your country. We recommend Coinbase as your first crypto wallet.

  • 2. Buy Bitcoin with Credit Card, Debit Card or PayPal:

Once your crypto wallet account is active after personal identity verification, you can use your Credit Card, Debit Card and PayPal account to buy Bitcoins instantly.

  • 3. Create Account on Crypto Exchange Platform:

Choose a reliable cryptocurrency exchange platform that accepts Magi exchange. You need to transfer your recently bought Bitcoin to the exchange platform. We recommend Binance as your first crypto exchange platform.

  • 4. Exchange Bitcoin to Magi:

The last step is to convert your recently purchased Bitcoin to Magi on the crypto exchange platform.

buy Magi XMG with BTC, ETH, XRP

The above steps are the summary of buying Magi with a Credit Card or Debit Card instantly. You can check the step-by-step guide in the next chapter for more details.

Step-by-Step Guide: Where to buy Magi (XMG)?

It is quite confusing for every beginner to know how and where to buy Magi and other cryptocurrencies. This step-by-step guide will provide the best support about Magi buying procedures with your Credit Card, Debit Card or PayPal account.

Create a Coinbase Account

Use this Coinbase Signup Page link or click the image below to get $10 in Bitcoin when you deposit your first $100 to the crypto wallet.

create Coinbase account

Coinbase is known as the best crypto wallet. It is one of the safest and fastest ways to purchase cryptocurrencies with your Debit Card, Credit Card and PayPal account. It provides a crypto wallet to store all the leading cryptocurrencies, such as Bitcoin and Ethereum (ETH).

Create a Binance Account

Use this Binance Signup Page link or click the image below to join Binance, which is one of the most popular crypto exchange platforms.

Binance is a marketplace where you can trade Bitcoin and Magi instantly. It is preferred by most crypto traders because this exchange supports most of the commonly traded cryptocurrencies.

create Binance account

Every Binance user gets a crypto wallet to store multiple cryptocurrencies securely. It is one of the safest crypto wallets with 2-factor authentication, and no unauthorized person can access your crypto assets without your permission. This exchange also provides each user with its patent cryptocurrency/token, which is called Binance Coin.

Whenever you are confused about future Magi investments and crypto trading, you can contact Binance to resolve the issue. It offers adequate support to learn the best way to buy Magi and other crypto assets.

Buy Bitcoin (BTC) on Coinbase

Now you have to log in to Coinbase to buy Bitcoin with your Credit Card, Debit Card or PayPal account. Coinbase has a great user interface to make the whole purchase process simpler.

buy Bitcoin BTC on Coinbase

Coinbase now supports digital currency buys and sells to residents of some countries, such as the USA, Australia, Canada, Singapore, and many European countries. You can view the List of Coinbase Supported Countries here.

If your country is not supported by Coinbase for buying and selling cryptocurrencies, you can use one of these channels:

Transfer Your Bitcoin (BTC) to Binance

Log in to your Binance account and then go to Binance Deposit Page.
Search for BTC in the top-left search bar, and then click the Deposit button in the row of BTC.

search Bitcoin BTC wallet on Binance

Then, you have to copy your Bitcoin deposit address string for the next step.

get Bitcoin BTC wallet address on Binance

You should log in to your Coinbase account one more time. Then go to Coinbase Send/Request Page and paste the Bitcoin deposit address string into the recipient field. Make Sure the address is correct as you cannot reverse the transaction.

buy Bitcoin BTC on Coinbase

It may take 15 to 30 minutes to complete the transaction. Coinbase will endorse it as “Pending” status. Wait until the transaction completes, and then you will be able to trade your Bitcoin for other crypto assets in Binance.

Buy Magi (XMG) with Bitcoin (BTC)

Now you are all set to buy Magi. Go to the Binance Exchange Page, which shows all the listed coins on the right side of the screen.
Search for XMG in the top right search field to get the trading pair for Magi and Bitcoin. Then you can buy Magi with Bitcoin in the exchange tab in the lower part of this page.

buy Magi XMG with Bitcoin BTC

It may take some time for the order to get fulfilled. Once it is done, you see the traded amount of Magi in your account. Now it is up to you whether you keep your Magi in the Binance exchange platform or trade Magi for another cryptocurrency.

How to buy Magi (XMG) with PayPal?

PayPal is one of the most popular online payment systems, designed to transfer money anytime and anywhere across the globe. Although you can use PayPal to buy many goods and services online, there is no direct way to buy Magi with the PayPal payment system in most countries.

However, you can use PayPal to buy Bitcoin first in Coinbase, and then transfer your Bitcoin to Binance. Lastly, you can use convert your Bitcoin into Magi in Binance.

buy Magi XMG with PayPal

Currently, Coinbase only allows residents from a few countries, such as the United States, Canada, the United Kingdom, and many European countries, to purchase Bitcoin with PayPal. You could check the Coinbase PayPal FAQ Page.

You should first find the possible place to buy Bitcoin and then follow the process explained earlier for conversion. Spend your PayPal money to buy Bitcoin and then convert those Bitcoins into Magi.

If your region is not supported by Coinbase to buy cryptocurrencies with a PayPal account, you can use one of these channels:

Buy Magi (XMG) with other 350 Payment Methods

It is best to use peer-to-peer exchange platforms (like Paxful), which allows you to buy Bitcoin with your favorite payment method, and then exchange Bitcoin for Magi. Peer-to-peer means that you trade directly with the person you are buying from, so no third-party intermediary is involved.

Paxful is the most popular peer-to-peer marketplace in the world, which allows over 350 payment methods for the transaction, including PayPal, local bank transfer, international wire transfer (SWIFT) and gift cards. You can also get a wallet that you can use to send and receive Bitcoin.

[2022 Update] Paxful keeps adding new payment methods, and there are over 450 payment methods to buy Bitcoin (BTC), Tether(USDT) and Ethereum(ETH).

buy Magi XMG with 350 payment methods

First, you need to open an account at Paxful, and then follow these steps to buy Bitcoin instantly with your favorite payment methods:

  1. Select payment method
  2. Find the right offer for you
  3. Send the payment (which is protected by Escrow)
  4. Receive your Bitcoin
  5. Exchange Bitcoin to Magi

These are the most popular peer-to-peer exchange platforms for cryptocurrencies :

FAQ: Frequently Asked Questions

Magi how to buy and how to sell, these two are the most asked questions asked by beginners. We have already explained the process. Some other common problems include:

  • Can I buy Magi with Ethereum?

Yes, it is pretty simple to buy Magi with Ethereum (ETH). Create an account on Binance and use this crypto exchange to convert your ETH into XMG. That’s how you can get XMG by selling Ethereum at a good exchange rate.

buy Magi XMG with Ethereum ETH
  • Can I buy Magi with Bitcoin?

Yes, you can join a crypto exchange to exchange your BTC for XMG. The best exchange, such as Binance, also offers a solution for how to sell Magi online. You can sell Magi for another cryptocurrency such as Ethereum, XRP, Tether, Magi, etc.

  • How to buy Magi with USD / Cash?

Normally, you should first buy Bitcoin and then exchange your BTC for XMG via a crypto exchange. That’s how you can buy Magi online by using USD or cash.

buy Magi XMG with cash USD
  • How do I buy Magi?

I always use Coinbase to buy Bitcoin first and then use the purchased Bitcoins to buy Magi. The process is a little tricky because you have to transfer your Bitcoin from Coinbase to Binance.

  • How to invest in Magi?

You can follow this step-by-step guide to purchase Bitcoin first, and then exchange the Bitcoin for Magi on a crypto exchange platform like Binance. It is quite similar to trading on the forex market. After investing in Magi, you can exchange it with other cryptocurrencies or sell it for cash afterward.

how to invest in Magi XMG
  • How can I sell Magi?

If you know how to buy Magi, selling Magi will not be a big deal for you. You can use the same crypto exchange platform to sell your XMG for cash or other crypto assets such as Bitcoin, Ethereum, Stellar, etc.

Background of Magi (XMG)

Magi (XMG) Market Trend in 2022

In the past few years, the cryptocurrency market has grown immensely. The market has grown because of the increasing popularity of digital currencies. There is a belief that the cryptocurrency market will continue to grow in the future.

In 2022, it is expected that the market will be worth over $2 trillion, which is quite a significant increase from the present day. According to experts, the trend of cryptocurrencies will continue to rise in the coming years. Many experts predict that Bitcoin, the first cryptocurrency, will continue to rise until it reaches $100,000.

How to securely store Magi (XMG)?

The best way of protecting Magi is by storing your crypto assets on a hardware wallet. The XMG hardware wallet can prevent hackers from accessing your crypto assets against all kinds of threats. So, let’s learn how to trade Magi, exchange your coins, and store them on a hardware wallet.

how to store Magi XMG securely

What is Magi hardware wallet / token?

A Magi hardware wallet is a specialized hardware device designed to store your private keys. This wallet is much safer than ordinary software wallets offered by crypto exchanges. Once you learn how to purchase Magi and buy it, you can store them in your hardware wallet. The Magi hardware wallet is also called Magi ledger wallet or Magi token.

Magi XMG hardware wallet

Your private keys will be stored in a protected area of microcontrollers. You cannot transfer these keys out of your wallet. I learned about hardware wallets when I was searching for where can I buy Magi. It appeared as the safest way of storing and carrying crypto assets, and fortunately, there is a hardware wallet for Magi.

Do you need a hardware wallet?

The market is flooded with crypto exchanges offering a secure software wallet to store crypto funds. You might wonder why should I buy Magi hardware wallet when my exchange platform is offering a secure crypto wallet. Many people who are new to crypto trading buy Magi with Debit Card and then use a software wallet. So, why can’t you also use the same wallet?

Magi XMG hacker

You may be aware of some high-profile hacks that occurred on some of the world’s leading crypto exchange platforms. The regular cryptocurrency news also includes attacks carried out on individual crypto traders. Suppose you buy Magi instantly and store it on your software wallet, it will be a relatively easier target for hackers.

Many people have dropped the plan of Magi investing in crypto-assets because of hacking incidents. How do you buy Magi if you cannot keep your keys safe? Whatever cryptocurrency you buy, you essential purchase a private key. This key comprises essential information which is used to control the transaction of that cryptocurrency on the Blockchain.

real photo of Ledger Nano S

A hardware wallet is designed to offer full isolation between your insecure computer or smartphone and your private keys. An unauthorized person will never gain access to your private keys.

Buy the best Magi wallet

Ledger Nano S hardware wallet is simple to use. It means you should be able to control your ERC-20 tokens directly from your PC. It should connect with external wallets to enable the transfer of crypto funds. Whenever you make Magi purchase, the wallet allows you to add new keys in the designated place.

Ledger Nano S hardware wallet

If you do not want to lose your valuable crypto assets and keep the hackers away, try this hardware wallet – Ledger Nano S. We have already explained the fastest way to buy Magi, so get your XMG coins. Now, choose the best wallet for Magi that supports multiple crypto assets. You should be able to install 3-20 applications, and this wallet must support BTC, ETH, EOS, Stellar, etc.

Ledger Nano S Magi wallet will protect your crypto assets against all kinds of online and offline threats. Invest in Magi hardware wallets only if it is secure. Look for the wallet with a backup feature to access your cryptocurrencies when you lose your hardware wallet. So, buy Magi with bitcoin and store your XMG safely on Ledger Nano S.

Ledger Nano S unboxing

Conclusion

People’s growing interest in cryptocurrency proves fiat currency is no longer the only mean of financial transactions. Although electronic payments and digital payments are making things easier, these are centralized solutions. Cryptocurrencies provide many benefits to every potential user, such as privacy and lower transactional fee.

how to buy Magi XMG

Many people buy Magi cryptocurrency to take advantage of crypto transactions. Millions of people are using cryptocurrencies for shopping, paying bills, and other demands. Also, there are more and more people treat cryptocurrencies as a promising investment, So, if you are wondering when to buy Magi, the answer is Now!

We have already explained how to buy Magi with Credit Card, Debit Card or PayPal in 2022. We hope everyone can learn how to buy Magi online and store them in the safest hardware crypto wallet.